This home's estimate is 15.2% lower than the average sale price ($221K) of 6 comparable homes.
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1487 Nipi Ln, Isabella, MN 55607
About this home
Located in the heart of the Superior National Forest is this nice 3 bedroom cabin located aprox 22 miles south of Ely on a 1.8 acre parcel that is wooded and private. Cabin comes with a deeded access to the nearby Stony River, where you can carry a canoe down to explore and fish the river! There is presently no well or septic here--just a very nice outhouse. Septic and well can be added by the buyer if they desire to upgrade in the future. Large great room that houses the large living room, kitchen, and dining area. There are 3 separate bedrooms. Also an attached 2 stall garage. Parcel is part of the Stony River Estates CIC. Association fee is $600 per year and includes snow plowing, garbage pick up, and connection to a large generator in case the power goes out. There is also a year around association resident that lives nearby that keeps an eye on things for the members. What a great place to have as your headquarters for exploring the great northwoods that surrounds you here!
Redfin Estimate
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Market trends in 55607, MN
Last updated October 2026
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Sale history for 1487 Nipi Ln
$99/sq ft
$95/sq ft
Tax history for 1487 Nipi Ln
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- # of Garage Spaces: 2
- Parking Features: Attached
Interior
- Bathroom Information
- # of One Quarter Bathrooms: 1
- Heating & Cooling
- Has Heating
- Heating: Fireplace(s), Wood
- Interior Features
- Interior Features: Natural Woodwork, Vaulted Ceiling(s)
- Window Features: Wood Frames
- Appliances: Range, Refrigerator
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Free Standing
Exterior
- Exterior Features
- Roof: Metal
- Building Information
- Above Grade Finished Area: 1,050
- # of Stories Total: 1
- Foundation Details: Slab
- Property Features
- On Waterfront
- Waterfront Features: River Front
- Other Structures: Other
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Detached
- Lot Information
- Lot Features: Level, Wooded
- Water Body Name: Stony
- Road Frontage Type: Private Road
- Lot Size Dimensions: 485 x 178
- Lot Size Acres: 1.8
Financial
- Tax Information
- Tax Annual Amount: $720.56
Utilities
- Utility Information
- Water Source: None
Location
- HOA Information
- Association Fee Includes: Snow Removal
- Schools Information
- High School District: Lake Superior #381
- Location Information
- Directions: From Ely, Go south on Hwy 1 about 22 miles to Kiwadinipi Rd on the right, Turn in and take the first right to the cabin.
Public facts
- Beds: 3
- Baths: —
- Sq. Ft.: 960
- Stories: —
- Lot Size: 1.85 acres
- Style: Other
- Year Built: 2000
- Year Renovated: 2005
- County: Lake County
- APN: 20-6067-01200
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 46.1mi
Public 6-12 • Assigned • 44.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
7 days above 90° expected this year, 12 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 1 days in 30 years
Sun exposure
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Nearby similar homes
Home values near 1487 Nipi Ln
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 3000 Sq. Ft. | $349,681 |
3 Beds | 1 Baths | 960 Sq. Ft. | $135,569 |
1 Beds | 1 Baths | 832 Sq. Ft. | $191,209 |
3 Beds | 1 Baths | 1260 Sq. Ft. | $189,515 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2200 Sq. Ft. | $518,742 |
3 Beds | 1 Baths | 1104 Sq. Ft. | $157,002 |
3 Beds | 1 Baths | 1296 Sq. Ft. | $204,341 |
2 Beds | 1 Baths | 1561 Sq. Ft. | $414,179 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1220 Sq. Ft. | $211,494 |
2 Beds | 1.5 Baths | - Sq. Ft. | $489,422 |
4 Beds | - Baths | 1996 Sq. Ft. | $352,508 |
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